Recently I came across a Food Outlook published by the Food and Agriculture Organization (FAO), and decided to share some facts with you.
The document states that the forecast for the second half of 2012 and beginning of 2013 would indicate an improvement in supply and an increasing demand for seafood products.
What I’d like to highlight in the FAO report is that a strong demand for fish and seafood will stimulate growth of aquaculture production, and ultimately increase demand globally despite a slight drop in consumer demand in traditional markets of southern Europe.
In general, according to study, total volume of production in the fishing industry in 2012 will grow by 2.1 per cent to reach 157.3 million metric tons due to increase of the aquaculture production by 5.8 per cent. That will offset a minor decline in production of all aquatic resources.
Keep your fingers crossed and hope it plays out like this.

About the author

Dmitry Fedotov
Dmitry Fedotov is a Director of Superocean, a Hong Kong based distributor of Pink Salmon, Chum Salmon, Alaska Pollock, Pacific Cod and other products directly from the fisheries in Russia. This blog's objective is to cover some major happenings in the Russian seafood industry, trends and facts.